Butterfly Retracement To Test Dbl Bttm Neckline ???
Sold short @ 1.0975 for a low risk shot at
corrective retracement.
The daily chart shows a possible retrace
to the neckline so I'm not too certain of full
profit projections for the Butterfly.
Strong RSI divergence was the enticement to enter.
The better trade is probably the double bottom when
it tests the neckline, although, the stops are much to
large for my comfort zone. I'll fine tune that possibility
if/when it presents itself.
www.tradingview.com/e/4uRdNfYR/
corrective retracement.
The daily chart shows a possible retrace
to the neckline so I'm not too certain of full
profit projections for the Butterfly.
Strong RSI divergence was the enticement to enter.
The better trade is probably the double bottom when
it tests the neckline, although, the stops are much to
large for my comfort zone. I'll fine tune that possibility
if/when it presents itself.
www.tradingview.com/e/4uRdNfYR/